Real estate ‘bubble’ won’t burst in Midland
A Midland real estate broker said the bursting “bubble” in home pricing that’s hit the East and West Coasts isn’t likely to happen here.
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New fee-for-service companies flourish, compete with traditional,... James Watkins wasn't certain how long it would take to sell his Waynesboro house, but he knew he didn't want to pay the typical 6 percent commission to a full-service
Mortgage turmoil hits U.S. bank jobs (Toronto Star) NEW YORK ? Bear Stearns Cos., the nation's fifth-largest investment bank, on Wednesday said it will cut 4 percent of its staff in further fallout from the summer's mortgage turmoil.read
Dollar decor (Reg Req'd) Nathan and Jennifer Colaner are young, but they know how to save money like old pros.read more...
The money market (Reg Req'd) Savings: Treasury bills 3 months 3.55 3.47 1.71 6 months 3.92 3.81 1.95 Savings: U.S. savings bonds ARM Index: LIBOR ARM Index: Cost of funds June '05 July '04 2.870
Mortgage companies still pumping out upbeat advertising (The Monterey County Herald) The mortgage market may be in a historic upheaval, but mortgage companies continue to their upbeat advertisements. Countrywide Financial brags in its ads that "No one can do what Countrywide
Alternative credit standards could fuel housing market boom The slumping housing market could get a 200 billion-dollar boost from new immigrant homebuyers if mainstream lenders start using alternative methods to score credit.Commentread more...